RAVMEDICA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RAVMEDICA
Largest movements
- Cash +€32,628
up €32,628 (+83.2%), from €39,231 to €71,858
mainly Net result for the year (+€86,472) and Depreciation (+€29,780)
- Current investments -€22,663
down €22,663 (-22.6%), from €100,158 to €77,495
- Tangible fixed assets -€20,105
down €20,105 (-4.6%), from €435,812 to €415,707
of which Land and buildings: -€21,775
- Receivables within one year -€18,050
down €18,050 (-75.1%), from €24,027 to €5,977
of which Other amounts receivable: -€14,971
- Reserves +€86,472
up €86,472 (+38.4%), from €225,117 to €311,589
- Other debts -€54,607
down €54,607 (-45.5%), from €119,933 to €65,326
- Tax, wage and social debts -€42,115
down €42,115 (-83.5%), from €50,413 to €8,298
of which Taxes: -€42,613
- Debts after one year -€13,908
down €13,908 (-7.8%), from €178,940 to €165,033
- Gross operating margin +€22,544
up €22,544 (+10.8%), from €209,205 to €231,749
- Financial charges +€17,295
up €17,295 (+207%), from €8,355 to €25,650
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,148 | €585,378 | -€22,770 | -3.7% |
| Fixed assets | 21/28 | €435,837 | €415,732 | -€20,105 | -4.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €435,812 | €415,707 | -€20,105 | -4.6% |
| Land and buildings | 22 | €407,256 | €385,481 | -€21,775 | -5.3% |
| Plant, machinery and equipment | 23 | €14,301 | €18,712 | +€4,411 | +30.8% |
| Furniture and vehicles | 24 | €14,256 | €11,514 | -€2,741 | -19.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €172,311 | €169,645 | -€2,665 | -1.5% |
| Amounts receivable within one year | 40/41 | €24,027 | €5,977 | -€18,050 | -75.1% |
| Trade receivables | 40 | €3,079 | - | -€3,079 | |
| Other amounts receivable | 41 | €20,948 | €5,977 | -€14,971 | -71.5% |
| Current investments | 50/53 | €100,158 | €77,495 | -€22,663 | -22.6% |
| Cash at bank and in hand | 54/58 | €39,231 | €71,858 | +€32,628 | +83.2% |
| Deferred charges and accrued income | 490/1 | €8,895 | €14,315 | +€5,419 | +60.9% |
| Total equity and liabilities | 10/49 | €608,148 | €585,378 | -€22,770 | -3.7% |
| Equity | 10/15 | €237,517 | €323,989 | +€86,472 | +36.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €225,117 | €311,589 | +€86,472 | +38.4% |
| Distributable reserves | 133 | €225,117 | €311,589 | +€86,472 | +38.4% |
| Amounts payable | 17/49 | €370,630 | €261,389 | -€109,242 | -29.5% |
| Amounts payable after more than one year | 17 | €178,940 | €165,033 | -€13,908 | -7.8% |
| Financial debts | 170/4 | €178,940 | €165,033 | -€13,908 | -7.8% |
| Amounts payable within one year | 42/48 | €191,143 | €95,847 | -€95,296 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €14,545 | €15,046 | +€501 | +3.4% |
| Trade debts | 44 | €6,253 | €7,178 | +€925 | +14.8% |
| Suppliers | 440/4 | €6,253 | €7,178 | +€925 | +14.8% |
| Taxes, remuneration and social security | 45 | €50,413 | €8,298 | -€42,115 | -83.5% |
| Taxes | 450/3 | €50,413 | €7,800 | -€42,613 | -84.5% |
| Remuneration and social security | 454/9 | - | €498 | +€498 | |
| Other amounts payable | 47/48 | €119,933 | €65,326 | -€54,607 | -45.5% |
| Accrued charges and deferred income | 492/3 | €547 | €509 | -€38 | -6.9% |
| Remuneration, social security and pensions | 62 | €53,990 | €55,125 | +€1,134 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,199 | €29,780 | -€1,418 | -4.5% |
| Other operating charges | 640/8 | €3,431 | €3,333 | -€98 | -2.9% |
| Gross operating margin | 9900 | €209,205 | €231,749 | +€22,544 | +10.8% |
| Operating profit (loss) | 9901 | €120,586 | €143,512 | +€22,926 | +19.0% |
| Financial income | 75/76B | €1,827 | €2,759 | +€933 | +51.1% |
| Recurring financial income | 75 | €1,827 | €2,759 | +€933 | +51.1% |
| Financial charges | 65/66B | €8,355 | €25,650 | +€17,295 | +207% |
| Recurring financial charges | 65 | €8,355 | €25,650 | +€17,295 | +207% |
| Profit (loss) for the period before taxes | 9903 | €114,057 | €120,621 | +€6,564 | +5.8% |
| Income taxes | 67/77 | €33,339 | €34,149 | +€810 | +2.4% |
| Profit (loss) for the period | 9904 | €80,718 | €86,472 | +€5,753 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,718 | €86,472 | +€5,753 | +7.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.